This is topic Non-Resident Alien Invester in forum General Investing Topics at Allstocks.com's Bulletin Board.


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Posted by kellog1 on :
 
Hello,
I am non US citizen. But living is US legally for 4 yrs now. Are they any specific rules that are enforced on foregin citizens in order to trade stocks ?
 

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Posted by Bob Frey on :
 
Contact a broker to be sure. But I don't think there is anything special.
 

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Posted by Purl Gurl on :
 
I believe here in America you only need to have
a Social Security number for tax purposes.

A bank account is helpful for transferring money
into or out of a brokerage account. A valid mailing
address is usually needed to establish an account.

Some countries, such as Australia, require citizenship.
 

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Posted by frugalgranny on :
 
If you are a legal resident of the U.S. (greencard, etc), then you would be fine and all you need is a social security number.

If you were living outside the States you would need to fill out an IRS form W-8 BEN.

Note: if you are a legal resident, do NOT open an account using non-resident alien status.

My husband is a legal resident with a greencard and we had to learn about this when we opened our account. I hope the info helps.

Julie
 

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Posted by kanalgeruch on :
 

quote:

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Originally posted by kellog1:
Hello,
I am non US citizen. But living is US legally for 4 yrs now. Are they any specific rules that are enforced on foregin citizens in order to trade stocks ?

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